792 Memorial DriveWinthropME04364
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Total monthly income runs $3,900/mo, and a $5,873/mo payment. Purchase price stands at $1,200,000, and rental yield measures 3.9% with $3,900/mo rent. Return on cash invested shows 9.03% in year one, and 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 44.58% and total cumulative return in cash records $173,327. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,900/mo property income covering a $5,873/mo payment rather than investor’s personal income.
Single Family
Built in 1999
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04364, Winthrop, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,338 (100%) |
| Owner Occupied HU | 2,097 (62.8%) |
| Renter Occupied HU | 585 (17.5%) |
| Vacant Housing Units | 656 (19.7%) |
| Median Home Value | $304,345 |
| Average Home Value | $347,047 |
Housing Distribution
Address Breakdown
Residential
2,747
Single Family
2,716
Multi-Family
31
Businesses
231
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices